After traveling some, speaking with lots of people, reading, and digesting, I cannot escape the conclusion that things remain hopelessly off track. Whatever form of 'recovery' is being sought here simply will not arrive.
The core of my views is shaped by the idea that the very thing being sought, more economic growth (and exponential growth, at that), is exactly the root of the problem. I suppose I would take a similarly dim view of an alcoholic trying to drink their way back to health as I do the increasingly interventionist central bank and associated political policies the world over.
Go on then, drink more, but I think we all know what the result will be.
by hgrootveldgmail-com 
